OptionsRising

Buying puts at price against 20sma, very low risk

Short
AMEX:IWM   iShares Russell 2000 ETF
High price near open was right at 20sma. So puts bought near 219 will have close stops. Suggestions are 219.21, 219.39, and 219.51. I am using 21Jan and 18Feb expiry dates.
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